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2005 : BAUM REALTY GROUP ARRANGES $900,000 SALE OF MAIN STREET PLAZA IN MT. PROSPECT, ILL. Dec. 7, 2005 Baum Realty Group has arranged the sale of a 6,078-square-foot multi-tenant retail building located at 611 N. Main St., in Mt. Prospect, Ill. Developed in 1985 and renovated in 2004, the 100-percent-leased building was acquired for $900,000 by a Chicago based private investor. The seller was a Chicago based private investor. “With its location in a strong retail corridor along Route 83, Main Street Plaza is ideal for smaller retail and office users. It’s an overall great property for investors seeking an acquisition with a nice yield, compared with most retail properties in today’s market,” said Chad Firsel, executive vice president of Baum Realty Group’s Investment Sales Division. Chad Firsel and Jason Berngard of Baum Realty Group represented both parties in the transaction. |
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1030 W. Chicago Avenue :: Suite 200 :: Chicago, IL :: 60642 :: P: 312.666.3000 :: F: 312.666.7970 :: info@baumrealty.com |
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